The free trade agreement came into force in 2017. Egyptian exporters like Delta Brothers and Oriental Fruits say, without it, breaking into the Brazilian market and competing on price with other countries would be impossible.
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An executive from Egypt’s Food Export Council, Heba Soheil, told ANBA that the institution is studying the areas with the most potential for exporting Egyptian products to Brazil.
The Egypt-Mercosur free trade agreement had its third anniversary on September 1st. Since it became effective, exports from Brazil to Egypt climbed 21.1%, according to the National Confederation of Industries (CNI).